Babylon, the medical startup that connects patients and doctors via an app, is close to agreeing a deal to go public in a merger with blank-check company Alkuri Global Acquisition Corp. (KURI) , according to people familiar with the matter.
Update(s):
June 3, 2021: Babylon Holdings Limited and Alkuri Global Acquisition Corp. (KURI) entered into a definitive merger agreement. Upon closing of the transaction, the combined company will operate as Babylon and plans to trade on Nasdaq under the new symbol “BBLN”.